Common use of Methods of recovery Clause in Contracts

Methods of recovery. 8.9.1 If, after exhausting all the reminder stages the debt remains outstanding, EK Services will decide if the arrears require further enforcement action. 8.9.2 If the total value of the customer’s arrears is less than £50.00 and it is considered by EK Services as uneconomical to pursue further, the invoice will be referred for write off. 8.9.3 For all other debts over £50.00, the following recovery methods will apply; Sundry Debts ● Arrangement for payment / ongoing negotiation ● Referral to debt collection agency ● County Court action ● Ceasing service Harbour Debt ● As above ● Lien ● Power to remove ● Power of sale ● Section 41 Notice

Appears in 5 contracts

Samples: Income Management Policy, Income Management Policy, Income Management Policy

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